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Farm land for sale

Lot 4 Hill Farm

Guide Price £320,000

Property Description

Full description

Tenure: Freehold

Method of Sale
The property is offered for sale by private treaty as a whole or in up to 5 lots as identified on the sale plan and as follows:

Lot 1 Hill Farm House with Hill Farm Lodge, range of buildings including pottery/studio, paddocks and mature grounds in all approximately 16.47 acres.
Lot 2 222.16 acres of arable and woodland.
Lot 3 135.22 acres of arable, woodland and fishing lake.
Lot 4 35.29 acres of arable land
Lot 5 30.16 acres of arable and woodland.
Total 439.30 acres (177.78 ha)

Description

Lot 4 - Arable land extending to 35.29 acres (coloured yellow)
A single parcel of productive arable land with excellent road frontage and part mature hedgerow boundaries.

There are 35.29 acres registered as eligible land under the Basic Payment Scheme.

General Remarks & Stipulations
Past Cropping
The arable rotation has included winter wheat, winter barley, spring oats and spring beans in recent years. Further details of current and past cropping are available from the Agents.

Tenure & Possession
Freehold. The arable land is farmed under a joint venture agreement between the current owners and a well-established local farming business. The property is available with vacant possession, however the contractors have expressed an interest in continuing to farm the arable land.

Development Overage
The buildings (part of Lot 1) and the area cross-hatched black (part of Lot 2) are sold subject to an Overage Clause in the event that planning permission is granted for any residential development in these areas. The uplift will be for 30% of any net development value resulting from the grant of planning permission within a period of 20 years from completion of the sale. The overage will be triggered on commencement of the development or on the sale of property with the benefit of planning permission, whichever is sooner.

Land Drainage
The farm land was comprehensively drained in the mid 1980´s, and copies of the land drainage plans are available from the Agents.

The land is subject to standard Environment Agency drainage rates.

VAT
If the sale of the property or any right attached to it is deemed a chargeable supply for the purpose of VAT, such tax shall be payable by the purchaser in addition to the sale price.

Town & Country Planning
The land is situated within St Edmundsbury Borough Council and is sold subject to any development plans, tree preservation orders, town planning schedules, applications, permissions and resolutions which may be or come into force. The purchaser(s) will be deemed to have full knowledge and have satisfied themselves as to the provisions of any such matters affecting the property.

Hill Farm Lodge - planning permission granted for conversion of farm building to a 3 bedroom dwelling on 11 September 1986, subject to an Agricultural Occupancy Condition.

Studio/Pottery - planning permission granted for change of use and conversion of redundant farm buildings to craft studios and exhibition space on 27th August 1998.

Copies of relevant planning consents are available from the Agents.

Basic Payment Scheme
The land is registered with the Rural Payments Agency for the Basic Payment Scheme and the vendor will co-operate in the transfer of the Basic Payment Scheme entitlements to the purchaser as part of the sale, subject to RPA approval.

The vendor will retain the BPS income for the 2016 scheme year and the purchaser will be required to indemnify the claimant with regard to any claim in respect of breach of cross compliance or any other relevant scheme regulations for the 2016 year.

Further details on the number of entitlements are available from the Agents.

Environmental & Grant Schemes
The land is not under any environment or grant schemes, but there are a number of established grass margins and uncropped field corners which add to the environmental and amenity value of the farm.

Sporting, Timber & Minerals
All sporting, timber and mineral rights are included in the sale insofar as they are owned. There has been no shoot on the farm in recent years, but the woodland planting is considered to be well suited for establishing a small farm shoot on the land.

Wayleaves, Easements, Covenants & Rights of Way
The land is sold subject to and with the benefit of all existing wayleaves, easements, covenants and rights of way whether or not disclosed. In particular:
a) Lot 1 - an underground 240v electricity cable runs under field 7721 to Frenches Farm.
b) Lot 2 - an underground water main crosses the land.
c) Lot 3 - a public sewer runs along the south-west boundary adjoining Water Lane.
d) Lot 3 - a private sewer runs along the south-east boundary adjoining Hundon Road.
e) There are a number of electricity poles and overhead cables crossing the fields.

Ingoing Valuation, Tenant Right & Dilapidations
In addition to the purchase price, the purchaser shall pay for all cultivations and farming operations carried out for the benefit of the current growing crop to be calculated in accordance with the 2016 CAAV costings. All seed, sprays and fertilisers applied to the land at invoice cost.

Enhancement to be calculated at the rate of £10 per BPS eligible acre (£24.71/ha) per month from 15th October 2016 until the date on which the purchaser takes entry.

The purchaser shall not claim for dilapidations, if any, in relation to the property.

Boundaries
The vendor and vendor´s agents will do their best to specify the ownership of boundary hedges, fences and ditches but will not be bound to determine these. The property is available for inspection and the purchaser(s) will be deemed to have satisfied themselves as to the ownership of the boundaries.

Plans, Areas & Schedules
Plans attached to the particulars are based upon the Ordnance Survey and are for identification purposes only. Copies of RPA maps are available from the Agents.

Local Authority
St Edmundsbury District Council, West Suffolk House, Western Way, Bury St Edmunds, Suffolk, IP33 3YU Tel: 01284 763233

Viewings & Further Information
Viewings are strictly by appointment with the Sole Agent. For further information please contact Simon Gooderham or Catherine Hackshall, Cheffins Cambridge Office (01223) 213777.

As always, potential hazards exist on working farms and it is requested that all viewings are undertaken with care and regard to safety particularly with regard to any areas in and around buildings.

Postcode
The residential postcode is CB9 7TJ

Vendors Solicitor
Ashton Legal, 81 Guildhall Street, Bury St Edmunds, Suffolk, IP33 1PZ Tel: 01284 762331 ref Jonathan Long jonathan.long@ashtonkcj.co.uk

Agents Notes
For clarification we wish to inform purchaser(s) that we have prepared these sales particulars as a general guide. None of the statements contained in these particulars as to the property shall be relied on as statements of fact. All measurements are given as a guide and no liability can be accepted for errors arising therefrom. The plan and acreages use gross acreages taken from the Ordnance Survey sheets and are for identification purposes only. The purchaser(s) shall be deemed to have full knowledge of the state and condition thereof and as to the ownership or any tree boundary or any part of the property. If communications, condition of the property, situation or such factors are of a particular importance to you please discuss these priorities with us before arranging an appointment to view. This should avoid a wasted journey. October 2016.

More information from this agent

Listing History

Added on Rightmove:
09 November 2016

Nearest station

  • Dullingham (8.4 mi)
Distances are straight line measurements from centre of postcode

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To view this property or request more details, contact:

Cheffins Residential, Agricultural and Land

1-2 Clifton Road, Cambridge, CB1 7EA

01223 213777 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Nearest station

  • Dullingham (8.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cheffins Residential, Agricultural and Land

1-2 Clifton Road, Cambridge, CB1 7EA

01223 213777 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100539057708. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cheffins Residential, Agricultural and Land . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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